14,607 SqFt
14,607 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 14,607 sqft
Price per Sqft $152
MLS Listing ID 7506080
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 2004
Annual Tax Amount $22,969
Tax Year 2024
Lot Size 1.374 Acres
Acres 1.374
Property Description
The established 2004 built and 14,607 square feet shopping center has incredible visibility and long-term, stable tenants. Offering an attractive 8.4% Pro Forma cap rate, the current NOI is $187,102.92 annually, including CAM charges built-in within the rent. This investment has multiple income-added opportunities, such as an ATM, Amazon Hub & more. Meticulously managed and maintained with a newly resurfaced concrete parking lot, this center presents a fantastic turnkey investment.
With a convenient setting and a strong tenant mix, Magnolia Village is an exceptional opportunity for investors seeking a lucrative commercial asset in a thriving area.
Location
State GA
County Henry
Zoning C
Lake Name None
Rooms
Other Rooms None
Basement None
Interior
Interior Features Recessed Lighting, Reception Area, Restrooms, Track Lighting
Heating Central
Cooling Central Air
Flooring Hardwood, Carpet, Luxury Vinyl
Window Features Aluminum Frames
Exterior
Parking Features Parking Lot
Fence None
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Metal
Street Surface Concrete
Private Pool false
Building
Lot Description Level, Shopping Center
Story One
Foundation Slab
Level or Stories One
Structure Type Brick
New Construction No
Construction Status Resale
Others
Senior Community no
Special Listing Condition None
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